NeoRM has a set of pre-configured risk and regulatory modules ready to be applied to any organization
The NeoRM SaaS platform is an open business intelligence framework which enables responsible parties to detail control procedures. By utilizing our out of the box suite of tools you can finally have your finger on the pulse of your organization's compliance and governance.
A Word From Our CEO
In response to the conduct issues brought to light during the 2008 financial crisis, the NeoRM platform helps firms enable a culture of integrity by driving transparency and assigning responsibility under continuous supervision.
About the NeoRM Platform
The NeoRM SaaS enterprise risk management platform is an open business intelligence framework which enables responsible parties to detail control procedures, validate governance methodologies and articulate day-to-day activities controlling inherent business risks all while satisfying compliance management requirements. The open framework provides an assessment tool for strategy, governance or operation enabling oversight and permanent supervision. NeoRM provides full transparency across affiliated entities, multiple departments, and responsible individuals. NeoRM drives accountability from the viewpoint of defining which individuals in your organization are responsible, accountable, need to be consulted and informed.
Once governance has been defined within NeoRM then your organization will embark on a full assessment of your existing controls. Transparency is driven through a real time dialog asking the right people the right questions at the right times. NeoRM tracks and keeps a detailed audit log of all responses, reviews, sign-offs and edits to the information captured. The platform has a series of transparency reports providing a detailed and accurate understanding of what your organization does to manage risks and meet regulatory obligations. This will not only give you transparency into who is doing what and who is responsible for what, but it also promotes a common understanding and compliance culture.
The input from running programs will be available for NeoRM’s real-time business intelligence engine providing clear measurability of your existing controls, maturity, gaps, strengths and opportunities. You will get a series of configurable reports to drive continuous improvement to your risk management and regulatory compliance. NeoRM will allow your organization to leverage regulatory spend to drive true value in risk management and ultimately not only affect bottom-line costs but also drive top-line increases through confidence in risk management.
The NeoRM platform uses an open architecture to allow ease of configuration. The open architecture utilizes standard RACI (the acronym stands for: responsible, accountable, consulting and informing) This model enables NeoRM to quickly respond to new business risk paradigms and provide ease in expansion. NeoRM's platform flexibility allows for the tool to be modified for a variety of diverse industries filling the need for governance validation and required documentation.